1. Jun 18- Jul 1 has created a divergence between price and Stochastic (Observe previous pattern in Dec ‘20 & April ‘21) 2. Price broke strong support (Annual low) of .75000 but could not sustain it, Strong bullish candle closing above support level ( on smaller time frame 1H it showed retest and push up) Note : If price fails to maintain momentum, then expect a...
A 1D time frame analysis showing potential buy trade. given the time of the month, fundamentals could alter the course of trend. Regards
This is a 1D time frame analysis on the currency pair . When analyzed on the 1H timeframe, retest of key area will be visible.